🚨📈📉 Hey Crypto Community! Time for an URGENT UPDATE on $BTC and all ALT Coins! 🚨📈📉
As I forecasted earlier today, Bitcoin surged up to clear the liquidity around $69,920-$70,100, but it's now retracing back to retest its previous low just under $69,000. ⬆️⬇️ If BTC closes the 4-hour chart (just about an hour away) below $69,000, it's a BEARISH SIGNAL CONFIRMATION! 🐻🚨
In this scenario, it's advisable to trade shorts or secure profits pronto at any level between $69,000-$74,000. 📉💰 A close below $69,000 indicates the bears are firmly in control. 📉📉 While there might be a temporary bounce, smart traders will be locking in gains or closing long positions to play it safe. 💪💸
And hey, remember, during this bear phase, meme alt coins might see the hardest bleed, so tread cautiously and avoid overleveraging for futures trading. ⚠️💡
I'm here to share insights on trading psychology and offer tips to navigate the markets, but PLEASE do your own research and don't view this as financial advice. 🧠📊
Let's navigate these waves together! 🌊💰 #CryptoInsights #BearOrBull #SmartTrading #HODLorFold 🚀